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Does the trustee who socially invests entrusted funds breach his/her/its fiduciary duty of undivided loyalty, absent express authority to do so in the trust’s terms?

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On February 8, 2015, The University of California Student Association [which purports to represent all 240,000 students enrolled in the UC system’s 10 campuses] passed [9-1-5] the following resolution, which, in part, calls upon the University to...
By: Charles E. Rounds, Jr.

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